Considering we're on a topic that is complete fantasy anyway, you could just rebudget the FCC. They aren't getting paid 3 billion a year of magic money - they are being funded effectively by the users of the networks that buy the spectrum in their bills they pay to the carrier.

Obviously we can look at the FCC and know it will not actually break up the spectrum monopolies, because its a conflict of interest. That doesn't change that privitization of radio waves is hostile to everyone but those who can exploit their ownership for profit.